MoneySaving Poll: When do you think interest rates will go up?

edited 28 September 2015 at 3:18PM in Money Saving Polls
2 replies 2.4K views
Former_MSE_RosieFormer_MSE_Rosie Former MSE
105 Posts
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edited 28 September 2015 at 3:18PM in Money Saving Polls
Poll started 28 September 2015

When do you think interest rates will go up?

The base rate has been on hold at its historic 0.5% low since March 2009. The result has been been record low borrowing rates but shocking savings returns. But when do you think they will eventually rise? Dust off your crystal ball and give us your prediction (we asked this last in 2013; it'll be fascinating to see how it's changed).

So when will interest rates rise? Pick the closest to your view.



Did you vote? Are you surprised at the results so far? Have your say below. To see the results from last time, click here.

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Thanks! :)

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Replies

  • OblivionOblivion Forumite
    20.2K Posts
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    Not much interest so far Rosie. :)
    ... Dave
    Happily retired and enjoying my 14th year of leisure
    I am cleverly disguised as a responsible adult.
    Bring me sunshine in your smile
  • edited 3 October 2015 at 6:52PM
    Gemini.IDFGemini.IDF Forumite
    105 Posts
    edited 3 October 2015 at 6:52PM
    We saved hard for retirement and thought the interest from them would top up our State Pensions! For a while it did, but the last several years have seen our savings income drop by three-quarters! We can't claim Pension Credit or Help with Council Tax either because the Goverment assumes astonishing rates for every £100 of savings! :eek: Would that they were as high as this. We'd be rich! It makes us think we were mugs to save for our retirement. People we know have earned far more than us during their working lives and spent it all. Now they're there with their hands out and getting all the benefits going! Recently the Media have been talking about abolishing universal benefits for the retired too! We'll be paupers if they do! :(
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